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US PER COUNCIL PROJECTS

Public Disclosure of Non Profit Organization Information

        Recent Federal Regulations have made a change in disclosure requirements for non profit organizations. Previous to the newly enacted regulations, a non profit organization was required to make available its disclosable information "for inspection". The new regulations require colleges, universities, hospitals, publicly supported charities, labor unions and other tax-exempt organizations, to provide copies of information about revenues, executive salaries, and other information including the organizations filings for application for tax-exemption and annual information returns. These regulations go into effect June 8, 1999. The US PER Council is working to provide the required information as a service to the one million plus organizations affected by these regulations, by posting them on the Internet.

        See 26 CFR Parts 301 and 602 amending sectiion 6104(d) of the Internal Revenue Service Code.

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